Dfns & Zama: Unlocking Institutional Liquidity on Public Blockchains Via Confidential Wallet Infrastructure
Paris, France, April 29th, 2026, Chainwire
New partnership enables banks and asset managers to execute confidential and compliant transactions at scale, providing the required control to move global capital onchain.
Dfns, the leading wallet infrastructure for institutional finance, and Zama, the pioneer in Fully Homomorphic Encryption (FHE), today announced a strategic partnership to bring native confidentiality to public blockchains. The integration of Zama’s FHE-powered protocol into the Dfns wallet stack allows enterprise clients to manage confidential assets out-of-the-box, starting with Ethereum and EVM-compatible chains.
This integration represents a landmark step in Zama’s broader vision to build the confidential layer for blockchain, where privacy is the default state for every onchain transaction. By bringing Fully Homomorphic Encryption (FHE) to the core of financial infrastructure, this partnership signals a defining shift in the institutional landscape: a future where the world’s most sensitive capital can finally migrate to public blockchains without compromising confidentiality, compliance, or control.
“This is a landmark step in Zama’s broader vision to build the confidential layer for the blockchain, where confidentiality is the default state for every transaction,” said Rand Hindi, co-founder and CEO at Zama. “By bringing FHE to the core of Dfns’ financial infrastructure, we are moving from a ‘magical math’ problem to a procurement and risk solution. We are enabling a future where the world’s most sensitive capital can finally migrate to public blockchains without compromising confidentiality, compliance, or control.”
A New Standard for Institutional Onchain Activity
Through the ERC-7984 confidential token standard, Dfns’ 400+ enterprise clients across banking, fintech, and RWA can now access:
- Encrypted Settlement: Trading desks can settle transactions in real-time on public ledgers without revealing order sizes or positions to the market.
- Confidential Payments: Payment providers can process institutional B2B flows and cross-border settlements while keeping commercial volumes and counterparty relationships private.
- Regulated Data Control: Built-in “Selective Disclosure” allows institutions to grant specific access to auditors or regulators, mirroring the familiar model of banking privacy within a decentralized environment.
“For our clients, adding confidentiality to transactions does not mean removing compliance,” said Clarisse Hagege, CEO at Dfns. “Zama Protocol brings a regulatorily-legible model to our enterprise stack. Together, we are eliminating the trade-off between the transparency of public blockchains and the privacy required by regulated finance. This is programmable, confidential infrastructure purpose-built for the next generation of global capital.”
About Dfns
Dfns is a core banking platform for digital assets. Since 2020, we have helped fintechs and financial institutions manage digital asset operations and build applications onchain. Our programmable wallet platform brings together transaction lifecycle, internal workflow, policies and governance, key management, and third-party service orchestration into one secure control plane for custody, payments, trading, tokenization and banking use cases. Today, Dfns is trusted by over 400 companies including Standard Chartered Bank, First Abu Dhabi Bank, IBM, Broadridge, Apex Group, Stripe, Kraken, Circle, Susquehanna, and many more.
About Zama
Zama is a cryptography company building state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain. Its protocol enables confidentiality on public blockchains, allowing digital assets to be issued, managed, and traded privately onchain. Founded by FHE pioneer Dr. Pascal Paillier and entrepreneur Dr. Rand Hindi, Zama brings together one of the world’s largest teams of FHE researchers and engineers and supports a global ecosystem of developers building confidential applications.
Media Contacts
Zama: Julia André, PR & Communications Director, julia.andre@zama.org
Dfns: Marc Baumann, Chief Marketing Officer, marc@dfns.co